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Nancy Newmister, CEO


Frederick Mutual Insurance Company is celebrating 175 years in business! Founded in 1843, our company is the 3rd oldest insurance company in Maryland and 9th oldest in the nation.

Last year, 2018, was a pivotal year for Frederick Mutual. We introduced our new commercial package product, SecureBOP™ along with other key changes designed to achieve our long-term profitability plan.  We ended the year better than forecasted and we are pleased to report that the first quarter of 2019 combined ratio results are trending profitability. Our Policyholder Surplus increased for the quarter to + $18.6M and the company realized $40.6M in Net Admitted Assets. Our company’s A- (Excellent) rating was reaffirmed by A.M. Best and we earned a Financial Stability Rating® (FSR) of A, Exceptional, from Demotech, Inc. 

I am honored to serve as President and Chief Executive Officer for this dedicated team of insurance professionals who are ushering in a new decade of sustainable profitable growth opportunities for our independent agents and policyholders.  Over the past three years we launched our new brand, innovative products and coverage enhancements, and a broader appetite for businessowners and homeowners located in our recently expanded operating territory.

Our products are available through independent licensed agents located in Maryland, Pennsylvania, Virginia, Delaware, District of Columbia, North Carolina and South Carolina.

We continue our journey to modernize and innovate product and services for our independent agents and policyholder’s ease of doing business with Frederick Mutual Insurance Company.

As we commemorate our 175th anniversary year, we are excited to share our history as well as our optimism for the future. 

Please click this link to view a short video of Frederick Mutual Insurance Company’s journey from 1843 to present.

Best Regards,

Nancy Newmister, President & CEO